Bulletin: NY000270

In an effort to serve our policy issuing offices as efficiently as possible
I am pleased to announce the following changes effective immediately:

Kevin Reilly has been named Manager for the Agency Department for New York
State . Working for Kevin as Agency Representatives will be Dan Kutcher, Maria
Delia , Judd Staley, and James Shannon. On the legal side, John Killea, the
Chief Claims Counsel, has also been appointed General Counsel for Stewart.

To streamline our Legal Services, Stewart has created an Agency Legal Services
Group consisting of Harold Boxer, Margaret Ling and Paul Bugoni, attorneys dedicated
exclusively to addressing the needs of our agents. The Agency Legal Services
Group will be working in conjunction with the Agency Representatives to conduct
on site visits, to answer all of your underwriting questions, to quickly approve
high liability policies, to conduct seminars and to provide up to the minute
assistance for all of our agents. The goal is on the spot responsiveness to
make the process as seamless as possible for you.

As our business has grown, particularly in the commercial area, the demands
on our Chief Underwriting Counsel, Jim Hyland, have also increased. As such,
Jim will continue in his role as Chief Underwriting Counsel for the company
but will be focusing on larger more complex transactions, getting legislative
and recent court developments to you as quickly as possible, acting as liaison
for the company on trade associations for issues affecting our industry, heading
our Reinsurance Department, and also writing articles and speaking at seminars
to better serve you. Jim will also supervise Yeidy Rodriguez who will handle
clearance functions for the Company.

Thankfully, it is rare that any of you interact with our able staff of claims
attorneys! That group headed by John Killea consists of Joe Fiore, Rich King,
Megan Ross and Alice Mascioli, and assisted by Alma Ynoa. In this era of regulatory
scrutiny and increased litigation, the Claims Litigation Group is proud to boast
over 85 years worth of legal experience in the real estate/title litigation
field.

We think these changes will solidify the relationships we have with all of
you. I invite you to visit our website at www.stewartnewyork.com
for specific contact information and bios on our team. In the next several weeks
you will be hearing from your Agency Representative and a member of the Stewart
Agency Legal Team. We are looking forward to growing together.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.